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In the 1990's Shopsmith Inc. had a neat little compressor made for them by Campbell Hausfeld called the Shopsmith Air System. (Bottom photo) This tool utilized a piston and could move much more air than the original compressor. The down side was that this compressor couldn't keep up with the demands of a sander or sprayer, and because it didn't have a cut-off switch it just ran and ran and ran. It was also loud. Still, I regret selling mine a few years ago and I'm looking for one myself now that SS has retired it.
Click for Shopsmith Air Compressor for Sale Both Magna and Shopsmith Inc versions (Very light activity on both the old Magna and newer Shopsmith Inc. compressors)